Financial Accountant (1 Position)

Job Ref No: CHJ/NOV/J121 | Closing Date: 8/November/2022


Reports To:

Head of Finance

Supervises:


Objective of the position:

  • To ensure provision of a high quality financial accounting service that supports
  • effective and efficient management of the hospital financial resources, within statutory
  • and regulatory guidelines.
  • To work within the finance team supporting accurate and timely processing of financial transactions and processes, and internal/external reporting requirements

 

  • Main Duties and Responsibilities: 
  • Supporting the Head of Finance in ensuring the integrity, accuracy, and timeliness of all financial records, ensuring all income and liabilities are accurately recorded, reconciled and reviewed.
  • Managing the general ledger including overseeing the monthly balance sheet, banking and subsidiary ledger reconciliations.
  • Determine accounting errors due to wrong postings of income or otherwise and discrepancies and suggest necessary corrective action.
  • Maintain accurate accounting income records for future references.
  • Help other department in financial analysis and accounting tasks.
  • Assist in accounts receivables by ensuring that all funds received including direct credits are receipted and well accounted for.
  • Respond to accounting related questions and inquiries from employees, patients and suppliers.
  • Ensure financial records comply with hospital policies and accounting principles.
  • Perform month end closing activities such as account reconciliation, revenue accounting, debtor’s management, etc.
  • Assisting in the preparation of year end statutory accounts
  • Assisting with the budgeting and forecasting for the departmental budget and the consolidated hospital budget.
  • Supervise the billing team and coordinate their monthly rotation arrangement.
  • Review the daily cash reconciliation done by the billing team and the bank agent to ensure accuracy and completeness and that all cash received was banked intact.
  • Proactively identify new initiatives mitigate loss of revenue and benefits to the hospital.
  • Ensure that all grant income is properly receipted and posted in the grant liability account.
  • Ensure that walk in debtor invoices are individually posted in tally and properly reconciled.
  • Supervise the Finance staff maintaining petty cash and checking the petty cash ledger for accuracy and completeness.
  • Keep track of expenses and incomes related to grants and prepare monthly grant reporting reports for the Miracle feet grant, VVF Fistula Foundation, and any other grant assigned.
  • Review posted JVs carefully for anomalies and other inconsistencies
  • Define monthly Billing team performance indicators and annual appraisals for review.
  • Support the Preparation and implementation of periodic cash flow projections.
  • Supervise all Cash Receipts and Mobile money payment platform.
  • Ensure that Cash Receipts and Payments Journals are written up daily and balanced.
  • Ensure that Daily/Monthly Reconciliations are done for Cash at Hand, at Bank, Debtors, Creditors, and other subsidiary accounts.
  • Support the Credit Officer in Following- up of debtors and ensure that all debtor accounts are accurately reconciled.
  • Facilitate the work of the Auditors.
  • Facilitates periodical stock taking

 

Qualification, Skills and Experience

  • Bachelor’s degree in Business Administration/Commerce (Accounting option)
  • ACCA/CPA qualification.
  • Knowledge of the Standards for the Professional Practice of Auditing and accounting.
  • Member of the professional accounting body CPAU or ACCA or Level III of CPA (U)
  • Training in Grants management
  • Minimum of 3 years of related experience in financial accounting and audit practices.
  • Thorough knowledge of MS Excel and other financial related databases such as Tally.
  • The position demands precision, commitment, honesty, transparency, integrity and confidentiality
  • Capacity to concentrate on the task at hand and able to enter and analyse data and at and report in a timely manner.
  • Excellent writing, communication, presentation and social skills.
  • Experience in working in the NGO/Not-for-Profit sector.
  • Good understanding of disability.



Closing Date: 8/November/2022